Russia Improves Economy Efficiency

Russia's Industry and Energy Ministry is to develop a new program of increasing the energy efficiency of the national economy.

According to the Ministry official, representatives from the Economic Development and Trade Ministry, the Federal Energy Agency, and the Federal Agency for Nuclear Power discussed a draft concept and the future structure of the federal target program (FTP) on increasing the energy efficiency of the economy.

The revised program will focus on the efficiency of energy consumption and the financing of R&D and innovation projects. The participants also discussed the structure of the FTP, possible ways to evaluate its effectiveness, and cooperation with the regions.